Bank / Finance Charges
Online banking: a brief introduction
Wednesday, December 29th, 2010Banking no longer means getting up in the wee hours and standing outside in a queue to get your transactions done. All you money transactions have been just a click away with the system of online banking. Net banking allows customers to do financial transactions online through a protected website and password. Banks are the [...]
What do regulatory reforms signify?
Friday, May 21st, 2010Money is a churner, and often takes absurd proportions. To keep a check on its unaccounted growth, regulations are needed at all points. Each country has a financial department to keep a tab on the liabilities and assets of its commercial operators. And wherever need be, they impose regulatory reforms to keep things under control. [...]
How to reclaim unlawful bank charges?
Sunday, February 1st, 2009Banks lose a lot of money owing to various credit defaults. To compensate for it, they levy many subtle charges on an unsuspecting payer. This can be interest on credit card overdue, Interest on card figures unpaid past due date, Interest on failed loan payments, bounce charges from both sides, (lending agency and bank which [...]